The Harmony mainnet claims to be the first blockchain network to integrate both sharding and staking into its infrastructure. The open blockchain platform Harmony announced that it will now support staking in a bid to create a blockchain infrastructure that attains high scalability without compromising on decentralization. In a press release published May 19, 2020, […]
Continue ReadingThe drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt. The revenue of Bitcoin (BTC) miners dropped to early 2019 levels for the second time in 2020. Every time it declined to a multi-year low, it marked […]
Continue ReadingBitcoin has 140 times more daily active addresses than XRP, but has fewer addresses with a positive balance in them than ETH. Bitcoin (BTC) continues to lead the popularity contest among the top cryptocurrencies — but it has fewer addresses with actual coins in them than Ethereum. According to data from on-chain market analyst Glassnode, […]
Continue ReadingOverstock has successfully distributed its controversial ‘digital dividend’ security token airdrop. Overstock has successfully distributed its ‘digital dividend’, issuing ‘OSTKO’ security tokens to its stockholders on a basis of one digital token for every ten company shares owned on May 19. In total, 4.37 million OSTKO tokens were airdropped to shareholders via transfer agent Computershare […]
Continue ReadingThe Philippine Institute for Peace, Violence and Terrorism Research has been tracking transactions made by local terror groups. A report published by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) reveals that terrorist groups related to Islamic State (IS) in Southeast Asia have recently made their first transactions using cryptocurrencies. According to the […]
Continue ReadingCoinText founder Vin Armani moved to Saipan in April, fearing being labeled an “undesirable” in the continental US and “disappeared”. Vin Armani, the crypto YouTuber and former star of Showtime’s “Gigolo’s”, packed up his life and family and moved to a tiny Pacific island in April to ride out the pandemic and escape the ‘totalitarian […]
Continue ReadingBlockchain forensics firm Chainalysis has debunked several high-profile stories about the use of crypto to fund terror groups. Blockchain forensics firm Chainalysis has published a report debunking a number of popular narratives surrounding the use of crypto to finance terrorism. The report emphasizes the harm of false reporting in spreading misinformation and damaging the reputation […]
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Coinbase will transition to a permanent “remote-first” future after the quarantine is over. U.S. crypto exchange Coinbase has announced it will transition to a “remote-first” workplace after the pandemic lockdown is over in an effort to guard against location-centric risks and to improve decentralization. In an open letter to all employees, Coinbase CEO Brian Armstrong […]
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Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry. The firms will combine their tech to develop a single platform for verifying digital media for a multitude of […]
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Wright has denied moving 50 Bitcoin from one of the ‘Satoshi’ accounts he claimed in court as his own, leaving him in a legal quandary. Bitcoin’s SV’s billionaire benefactor Calvin Ayre revealed Satoshi claimant Craig Wright has denied moving 50 BTC from a long-dormant address thought by some to belong to the Bitcoin founder. On […]
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